Geb 1011 Study guides, Class notes & Summaries

Goods correct answer: tangible products such as computers, food, clothing, cars and appliances Services correct answer: Intangible products (that cant be held in your hand) like education, healthcare, insurance, recreation and travel Business correct answer: any activity that seeks to provides goods and services to others while operating at a profit Entrepreneur correct answer: a person who risks time and money to start and manage a business Nonprofit Organization correct answer:...

GEB 1011 Exam 1|122 Questions & Answers

GEB 1011 Final Exam – 79 Questions and Answers Distinction Graded

GEB 1011 EXAM 1 CHAPTER 1-5

GEB 1011 Exam 1 QUESTIONS WITH COMPLETE SOLUTIONS

GEB 1011 EXAM 1 CHAPTER 1-5 Questions and Correct Solutions 2024 Profit - Answer -what remains after all business expenses have been deducted from sales revenue Business - Answer -The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs Entrepreneur - Answer -is a person who risks his or her time, effort, and money to start and operate a business. Supply Curve - Answer -graphical representation of the relationship between ...

GEB 1011 EXAM 1 CHAPTER 1-5 questions and complete solution latest 2023Profit what remains after all business expenses have been deducted from sales revenue Business The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs Entrepreneur is a person who risks his or her time, effort, and money to start and operate a business. Supply Curve graphical representation of the relationship between the price of a g...

GEB 1011Chapter_08__Producing_Quality_Goods_and_Services

GEB 1011Chapter_13__Distributing_and_Promoting_Products

GEB 1011Chapter_09__Attracting_and_Retaining_the_Best_Employees